Monday Morning Moves

September was a terrible month for short term Stock market investors. For us long terms ones it presents a huge buying opportunity. Think about it this way would you rather buy you long term dividend paying stocks at their 52 highs? Instead many of them on like 30% or more off their 52 week highs. This is a great time to pick up that one that ran away on you. In fact if corrections didn't take place we would never get the bargains we can right now. General Electric (GE) is so cheap right now. Based on their forward earnings projections their PE is under 10! This from one of the most solid of blue chip companies out there. With a dividend yield of 3.9% which they will surely be raising every year how can you go wrong? They are the number 1 or 2 player in every category they compete in. I love this company for the long haul. Good luck investing. Tony